Cms Energy (CMS) Cost of Revenue (2009 - 2026)

Cms Energy (CMS) has reported Cost of Revenue for 18 consecutive years, with $912.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 129.72% year-over-year to $912.0 million; the trailing twelve-month figure through Jun 2026 stood at $2.3 billion (up 39.84% YoY), and the FY2025 full-year result was $1.7 billion, up 5.43% from the prior year.
• Cost of Revenue grew to $912.0 million in Q2 2026 per CMS's latest filing, from $448.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $912.0 million in Q2 2026 and bottomed at $334.0 million in Q1 2022.
• Historically, Cost of Revenue has averaged $448.9 million across 5 years, with a median of $412.5 million in 2022.
• The sharpest annual moves came in 2023 and 2026: Cost of Revenue fell 23.96% in 2023, then jumped 129.72% in 2026.
• Over 5 years, Cost of Revenue stood at $530.0 million in 2022, then dropped by 23.96% to $403.0 million in 2023, then increased by 4.22% to $420.0 million in 2024, then increased by 21.19% to $509.0 million in 2025, then soared by 79.17% to $912.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $912.0 million, $448.0 million, and $509.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.